Channeltrend
Berger PaintsBerger Paints can retrace back to 23.6% Fibo levels. NSE:BERGEPAINT
Not initiating any trade and it's only for analysis purposes.
Indusind Bank -Never Miss Channel Bottoms !!! (Fall 1565 to 900)Note -
This is not a suggestion to buy or sell the stock. Kindly consider the risk involved & consult your financial advisor
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Yes, it is risky but trading such channels can be highly lucrative & why not - if you did the selling from the tops of 1565 for 1050 - all targets done.
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14th Jan 2020 - Channel Tops at 1595
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6th March 2020 - Channel Bottoms at 913
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Last Video Idea (Click the link below to watch the video)
Bullish till 1644 post that Bearish Long position for 1316Bullish for the Target of 1644 (if stays above yellow line as shown in the chart).
Bearish Long position for the target of 1316. Conditions: 1) Next day candle closes below 1634 after touching the first Bullish target of 1644 and 2) Not able to sustain or breach 1644.
1316 achievable in 14 to 20 sessions as per the past trend!
~Jatin
ICICI Bank : Channel Trade potentialICICI BANK
CMP 410
The stock is trading in down trend channel
The target for the current setup comes around 368
SL if closing above 422
Take care & safe trading...!!
Divis Laboratory Channel with Bollinger BandStock seems to has habit of moving in channel in accordance with bollinger band.
Motherson Sumi ChannelBeen waiting for motherson sumi to break out of the channel but unfortunately doesn't seem likely. Stock may continue it's downward journey.
SBIN Channel Trade Opportunity Take 2SBIN
CMP 298.60
Last time we took a shot in SBIN at 300.85 and it worked well achieving it's 1st target
Looks like we have a re-take opportunity. Will it achieve its's 2nd target this time round. Only time will tell...
Consider to sell again in the zone of 298-301.50
for target of 292 / 288
sl if closing above 303
Take care & safe trading...!!!
